Post
Topic
Board Announcements (Altcoins)
Re: [2014 FLAGSHIP ALT] *EarthCoin* EAC +1 Community, +1 Exec Team, +1 Best Talent
by
Nicho
on 17/03/2014, 20:58:44 UTC
An excellent picture I saw in MINT thread, which shows what all coins went through...



Yeah, that about sums it up. I saw essentially the same thing for stocks years ago Cheesy Some things never change.

that implies there is any value in EAC left.

since the devs foolishly abandoned the eac/usd ONLY exchange, which would be one thing only eac could offer, I see little to nothing at eac that is special

let's face it. eac offers nothing other cryptos don't

eac needs serious publicity, news stories and less hoping for the best.

I propose to stop the proof of work scheme. it kills the coin. every day more and more eac is produced while demand stays stable.

that is what drove eac from 800 to 18. and it will drive it to 8 and then 0.8 sat and a delist on cryptsy.

the devs seem to think "it's gonna work out in the end", but why should it especially for eac?


what would immensly help is something that other sites will talk about and will renew interest in eac.

I suggest switching to proof of stake asap.

then implement 25% interest in the first year, then 20% next year and so on. this will people want to HOLD eac.

right now nobody in their right mind holds this coin.

with proof of stake, it would finally resonate with the "protect nature crowd", it will stop multipools raping the coin and news sites would support that step and report it.

it is only natural for "earth"coin to use POS since it is so power saving.  hell, make an 40% interest in the first year, but reward people who HOLD the coin, not those who multipool it


do this, even announce this, and EAC will rise tenfold in mere days.



Read this, thought their algo was interesting... http://www.cryptosutra.com/2014/03/14/update-noirshares-nrs-group-hosting-and-cross-coin-application-2/#kVoX4p7bmMmA5I5O.16

"NoirShares is one of the first hybrid Momentum Proof of Stake / Proof of Work cryptos"

CPU only coin tho.